$TRIA has reached the upper Bollinger Band after an aggressive 43% rally, with momentum showing signs of short-term exhaustion. The combination of elevated RSI and expanding volatility suggests the market may be vulnerable to a pullback.
Open interest has risen sharply into resistance, while long positioning and increasing funding indicate that many late buyers have entered the market. If sellers continue to absorb demand, the current structure favors a corrective move.
Trade Setup
- Entry: $0.03400–$0.03480
- Take Profit 1: $0.03250
- Take Profit 2: $0.02950
- Take Profit 3: $0.02550
- Stop Loss: $0.03600
A sustained move above $0.03600 would invalidate the bearish setup. Until then, the strategy remains to sell rallies while maintaining disciplined risk management.
$TRIA
#RMJ_trades
#BinanceTurns9
#JapanBondYieldHits30YearHigh
#HongKongCompletesFirstGoldTradeSettlement
Open interest has risen sharply into resistance, while long positioning and increasing funding indicate that many late buyers have entered the market. If sellers continue to absorb demand, the current structure favors a corrective move.
Trade Setup
- Entry: $0.03400–$0.03480
- Take Profit 1: $0.03250
- Take Profit 2: $0.02950
- Take Profit 3: $0.02550
- Stop Loss: $0.03600
A sustained move above $0.03600 would invalidate the bearish setup. Until then, the strategy remains to sell rallies while maintaining disciplined risk management.
$TRIA
#RMJ_trades
#BinanceTurns9
#JapanBondYieldHits30YearHigh
#HongKongCompletesFirstGoldTradeSettlement